In the unfortunate event that an accident results in severe bodily injury or property damage to another party, your current auto or homeowners insurance may not provide you or your family with adequate liability protection. If your current policy liability limits are exhausted, you may be faced with paying the difference from your hard earned savings and without a personal umbrella insurance policy, a potentially large judgment could impact your current assets as well as possible future earnings and inheritances.
With premiums starting as low as $150 annually, you can obtain a substantial amount of additional protection with coverage limits ranging from $1 million to $5 million. As coverage limits increase per increments of $1 million, your per dollar premium cost will decrease providing you with greater value.
Obtaining a personal umbrella policy with Island Insurance does not require both auto and homeowners policies with Island, although we do require the other carrier to be "A-"or better for financial strength by A.M. Best. If you do choose to have both policies with Island, you will be rewarded with the lowest personal umbrella rate.
For more information on an umbrella insurance rate quote, contact an independent insurance agent today.